Bmw India

FEATURED ARTICLES ABOUT BMW INDIA - PAGE 5

NEW DELHI: German luxury car maker BMW today said it will launch two new products in India this year as it is targeting to cross 3,000-units mark in sales for the first time in the country. "We will launch a roadster Z4 in October with a 3.5 litre engine. The model is expected to be priced between Rs 50 and 60 lakh," BMW India President Peter Kronschnabl told reporters on the sidelines of the SIAM annual convention here. BMW India, the wholly-owned subsidiary of the BMW Group, would also launch a new petrol variant of its 7-Series cars with a six cylinder engine in September, he added.

NEW DELHI: German luxury car manufacturer BMW on Monday said it has emerged as the top luxury car maker in India with a jump of 33.78 percent at 3,619 units in 2009. BMW India had sold 2,705 units in 2008, the company said in a statement. "With 3,619 cars delivered to customers in 2009, BMW India has achieved the highest sales by a manufacturer in the luxury car segment in a year till date," it added. The company further said it has increased its market share in the luxury segment to over 40 percent last year from about 9 percent in 2006.

NEW DELHI: Luxury car maker BMW on Wednesday announced an investment of about Rs 250 crore to set up a financing subsidiary in the country to serve the credit needs of retail customers, fleet owners and dealers, for which it has sought regulatory approval. "We are going to invest USD 50 million (Rs 250 crore) over the next two years in the project. We have applied for the NBFC status and we are hopeful of securing government permission by May 2010," BMW India President Peter Kronschanabl told reporters here.

NEW DELHI: Germany's BMW today said it maintained its lead over rivals Mercedes-Benz and Audi to remain the top luxury car-maker in India in 2010, with sales of 6,246 units. BMW India, which saw 73 per cent growth in sales during the year, enjoys over 40 per cent share of the luxury car market in the country, which is estimated at around 15,000 units per annum. "In terms of the sales growth rate, India was among the top three markets for BMW after China, which saw over 80 per cent growth.

NOIDA: German luxury carmaker BMW today launched the updated version of its sports utility vehicle X3 priced up to Rs 49.9 lakh (ex-showroom Delhi). The new X3 is available only in diesel option and is being locally produced at the company's Chennai plant. It goes on sale across the country from today onwards. "In order to strengthen our presence in the country, we would aggressively expand our product range in the luxury segment," BMW Group India President Philipp von Sahr told reporters here.

KOLKATA: The British invented cricket while the Germans came up with the first commercial airship, aka the Zeppelin back in 1900. But when it comes to honking, or the art of horn making if you will, India rules! No pun this. Believe it or not, the famed BMW 5 Series - one of the world's priciest cars from the German auto maker - comes fitted with horns made in India. What's more, these horns, according to BMW executives are among "the very best" in the planet.

MUMBAI: German automobile major BMW plans to launch its premium small car BMW Mini Cooper in the country by next fiscal, a top company official said. "BMW is expected to launch the BMW Mini Cooper in FY09 at a price tag of Rs 20 lakh," BMW India President Peter Kronschnabl told reporters on Thursday. "We see a 30-35 per cent growth in the luxury car market in India," he said. BMW India's plant in Chennai produces the BMW 3 series and BMW 5 series sedans in petrol and diesel variants.

NEW DELHI: Joining the clutch of global auto majors who source components from India, German luxury car maker BMW on Tuesday said it will open its international purchasing office here to cater to its worldwide ancillaries requirement. "We will be setting up an international purchasing office (IPO) which will be headed by an expat to take care of sourcing components for BMW's global operations," BMW India President Peter Kronschnabl told reporters here. He said the office is expected to be operational by August this year.

GREATER NOIDA: Luxury carmaker BMW India today unveiled four cars here, including BMW i8, which was first seen in Hollywood flick 'Mission Impossible 4'. It also launched all-new BMW 3 Series Gran Turismo at Rs 42.75 lakh, all-new X5 and BMW M6 Gran Coupe at the 12th Auto Expo 2014 here. The cars from the BMW stable were unveiled by cricket legend Sachin Tendulkar . "Locally-produced at BMW plant in Chennai, the all-new BMW 3 Series Gran Turismo will be available at dealerships across the country from March 2014," BMW Group India President Philipp von Sahr said, adding that it will be available in a diesel variant.

NEW DELHI: German luxury car maker BMW will consider increasing the production capacity of its Indian manufacturing facility in 2011, only after the sales from the plant crosses the 3,000-units mark next year. "If the market grows, we are ready to ramp up production and will consider further investment. At present, our capacity is sufficient to meet the demand till next year," BMW India President Peter Kronschnabl said. BMW India, the wholly-owned subsidiary of BMW Group, has a manufacturing facility in Chennai with an annual capacity of 3,000 units in single shift.